Trust and Efficiency: Finding the Right Applications for Blockchain

December 3, 2018 | State of the Market Report

Many articles tout the benefits of blockchain and, in the last few years, a variety of new business opportunities based on blockchain have popped up, some even bordering on hilarity. However, most of these cited benefits are technical in nature, and a large number of these use cases could be done using traditional databases. In this report, we will develop a framework that clients can use to answer questions like when and where they should use blockchain and what architectural parameters they should consider while evaluating blockchain solutions.

Coverage Areas

Digital Transformation

Industrial Big Data and Analytics

Table of Contents

Executive Summary

Landscape

As companies jump headlong into blockchain, there is little clarity around what situations warrant the use of blockchain and how blockchain should be implemented

Analysis

Blockchain offers more than just an immutable record of transactions; it offers stakeholders a tool to carefully control markets, reduce distrust, and improve the efficiency of transactions

About Lux Research

Lux Research is a leading provider of tech-enabled research and advisory solutions, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux clients are empowered to make more informed decisions today to ensure future success.